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Fincash » Mutual Funds » Mirae Asset Cash Management Fund

Mirae Asset Cash Management Fund - G

NAV  ₹1,981.77 ↓ 0.69   (0.03 %) as on 23 Jun 19

Scheme Objective

The investment objective of the scheme is to generate consistent returns with a high level of liquidity in a judicious portfolio mix comprising of money market and debt instruments. The Scheme does not guarantee any returns.

Mirae Asset Cash Management Fund is a Debt - Liquid Fund fund launched on 12 Jan 09. It is a fund with Low risk and has given a CAGR return of 6.8% since its launch.  Ranked 48 in Liquid Fund category.  Return for 2018 was 7.3% , 2017 was 6.6% and 2016 was 7.2% .

Below is the key information for Mirae Asset Cash Management Fund

NAV as on 23 Jun 19₹1,981.77 ↓ 0.69   (0.03 %)
Net Assets (AUM) as on 30 Apr 2019 ₹2,883 Cr.
Launch Date12 Jan 2009
CategoryDebt - Liquid Fund
Rating
TypeOpen Ended Fund
RiskLow
Yield To Maturity7.34%
Effective Maturity1 Month 3 Days
Modified Duration1 Month 2 Days
Alpha Ratio1.33
Expense Ratio0.08 %
Sharpe Ratio21.542
Information Ratio-1.06
BenchmarkNot Available
ISININF769K01788
AMCMirae Asset Global Inv (India) Pvt. Ltd
Min Investment ₹5,000
Min SIP Investment ₹1,000
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jun 19

DurationReturns
1 Month 0.6%
3 Month 1.8%
6 Month 3.6%
1 Year 7.5%
3 Year 7%
5 Year 7.4%
10 Year
15 Year
Since launch 6.8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 7.3%
2017 6.6%
2016 7.2%
2015 7.8%
2014 8.7%
2013 8.2%
2012 8%
2011 6.9%
2010 4.3%

Growth of 10k Over Years

DateValue
31 May 14₹10,000
31 May 15₹10,850
31 May 16₹11,659
31 May 17₹12,445
31 May 18₹13,294
31 May 19₹14,294
Mirae Asset Cash Management Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash100%
Mirae Asset Cash Management Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent93.28%
Corporate6.72%
Mirae Asset Cash Management Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ADITYA BIRLA FINANCE LIMITED
Commercial Paper | -
6%₹174 Cr17,500,000
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
4%₹124 Cr12,500,000
IDFC BANK LIMITED
Certificate of Deposit | -
3%₹100 Cr10,000,000
↑ 10,000,000
CHENNAI PETROLEUM CORPORATION LTD
Commercial Paper | -
3%₹100 Cr10,000,000
↑ 10,000,000
JM FINANCIAL ASSET RECONSTRUCTION COMPANY LIMITED
Commercial Paper | -
3%₹99 Cr10,000,000
TATA CAPITAL LIMITED
Commercial Paper | -
3%₹99 Cr10,000,000
Punjab National Bank
Certificate of Deposit | -
3%₹99 Cr10,000,000
RELIANCE RETAIL LIMITED
Commercial Paper | -
3%₹99 Cr10,000,000
Grasim Industries Limited
Commercial Paper | -
3%₹99 Cr10,000,000
↑ 10,000,000
BANK OF BARODA
Certificate of Deposit | -
3%₹90 Cr9,000,000
↑ 7,500,000
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Fund Managers

NameSinceTenure
Mahendra Jajoo8 Sep 162.4 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

Karvy Fintech Pvt Ltd.
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Mirae Asset Mutual FundUnit No.606, Windsor Building Off.,C.S.T Road, Kalina Santacruz E

Auditors

CompanyAddress
M/s. Chokshi & Chokshi101/102, Kshamalaya 1st Floor,,37, Sir V. Thackersey Marg,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Mirae Asset Cash Management Fund
Weekly Dividend, Reinvestment
₹1,153.32
↑ 0.40
2.59 %5.25 %4.94 %5.3 %
Mirae Asset Cash Management Fund
Monthly Dividend, Reinvestment
₹1,158.63
↑ 0.40
2.15 %4.4 %4.75 %5.19 %
Mirae Asset Cash Management Fund
Monthly Dividend, Payout
₹1,158.63
↑ 0.40
2.15 %4.4 %4.75 %5.19 %
Mirae Asset Cash Management Fund
Growth
₹1,981.77
↑ 0.69
3.62 %7.48 %7 %7.38 %
Mirae Asset Cash Management Fund
Daily Dividend, Reinvestment
₹1,066.43
2.42 %5.15 %4.95 %5.3 %
Data as on 23 Jun 19

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.